Is Sable Offshore Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Sable Offshore Corp (SOC) is currently classified as NOT HALAL as of May 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Sable Offshore Corp a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Sable Offshore Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Sable Offshore Corp?

Muslim investors may consider investing in Sable Offshore Corp if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Sable Offshore Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Sable Offshore Corp by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Sable Offshore Corp updated?

The Shariah compliance status of Sable Offshore Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Sable Offshore Corp become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Sable Offshore Corp?

You can check the latest Shariah compliance status of Sable Offshore Corp on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

SOC Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 11, 2026

Report Source: 2026 1st Quarter Report

Sable Offshore Corp. Stock Analysis SOC

United States Energy Mid Cap Report: Q1, 2026

Sable Offshore Corp. engages in offshore oil and gas field operations. The company is headquartered in Houston, Texas and currently employs 200 full-time employees. The company went IPO on 2021-02-25. The Company’s assets consist of three offshore platforms, Hondo, Heritage and Harmony, an onshore oil and natural gas processing facility in Goleta, California and pipeline assets. The offshore position comprises 16 federal leases across approximately 76,000 acres. The Company’s Hondo platform and the Harmony platform develop the Hondo Field, and the Heritage platform develops the Pescado and Sacate Fields. The platforms are located five to nine miles offshore of Santa Barbara County in shallow water depths of 900 to 1,200 feet and service 112 wells, comprised of 90 producers, 12 injectors and 10 idle with an additional 102 identified, undrilled opportunities. The onshore facilities occupy approximately 35 acres and comprise an oil treating plant, a biologic/physical water treating plant, POPCO gas plant, and others.

Key Statistics of Sable Offshore Corp (SOC)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$13.62$15.47

Today's Open

$13.73

Volume

4.15M

P/E Ratio (TTM)

52 Week Range

$3.72$35.00

Market Cap

2.10B

Avg. Volume

3.00M

Dividend Yield

Financial Metrics & Statements of Sable Offshore Corp (SOC)

FAQ's for Sable Offshore Corp (SOC)

According to Musaffa’s Shariah screening methodology, Sable Offshore Corp (SOC) is currently classified as NOT HALAL as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.